The Weekly Rundown: Trump Talks U.S.-China Trade Deal, Pacific Pact Set to Start and Merkel Plans Her Exit

German Chancellor Angela Merkel speaks during an Oct. 29 news conference at the Christian Democratic Union party headquarters in Berlin. Merkel announced that she will not stand for re-election as her party's leader in December, or as chancellor when her term expires in 2021. Merkel has been chancellor since 2005.